📰 Breaking News: Lessons Learnt & Insights from UK’s first and to date only SME Restructuring Plan

Skygem Acquisition Limited enters members' voluntary liquidation

Liquidation Company no. 11286999 Incorporated Apr 2018 Financial Services SE postcode area

Companies House record →

The News Building, 6th Floor 3 London Bridge Street, London, SE1 9SG

The most recent insolvency notice for Skygem Acquisition Limited is an Appointment of liquidators (MVL), published 10 July 2026 in The London Gazette. The office holders are Edward Robert Bines; Benjamin John Wiles, appointed 2 July 2026. Its last accounts filed at Companies House, to 31 December 2024, showed total assets of £54.5m and net assets of -£193k. On those figures the company was already balance-sheet insolvent — its liabilities exceeded its assets — at that date, 18 months before its first insolvency notice. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress.

Last filed balance sheet

As at 31 December 2024 · total exemption full accounts · unaudited · filed 18 months before the first insolvency notice

Total assets
£54.5m
Cash at bank
—
Net assets
-£193k
Total liabilities
£54.7m

Average employees during the period: 2

Insolvency notices (3)

  1. SKYGEM ACQUISITION LIMITED has appointed Edward Robert Bines and Benjamin John Wiles of Kroll Advisory Ltd as liquidators in a members' liquidation, effective 2 July 2026.

  2. The notice announces that SKYGEM ACQUISITION LIMITED has resolved to voluntarily wind up and appointed Edward Robert Bines and Benjamin John Wiles as joint liquidators.

  3. Creditors are invited to prove their debts for SKYGEM ACQUISITION LIMITED in liquidation, with a deadline of 11 August 2026 and contact details for the joint liquidators.

What happens next

Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.

Owed money by Skygem Acquisition Limited?

A bad debt this size rarely stops with the company that failed. If you're a supplier or creditor left short, it's worth knowing where you rank — and checking what the shortfall does to your own cashflow.

What to do when a customer fails

Related guidance

Frequently asked questions

Is Skygem Acquisition Limited in financial difficulty?

No — the most recent process is a solvent one. A members' voluntary liquidation (MVL) is the solvent, orderly winding-up of a company that can pay its debts in full — usually part of a director's retirement, a group restructure, or closing a company that has served its purpose. It is a planned closure, not a sign of financial distress. The most recent insolvency notice for Skygem Acquisition Limited (company no. 11286999) is a Appointment of liquidators (MVL), published 10 July 2026 in The London Gazette.

What were Skygem Acquisition Limited's last filed accounts?

Skygem Acquisition Limited's last accounts filed at Companies House, to 31 December 2024, showed total assets of £54.5m, net assets of -£193k. For a distressed company the last filing often predates the insolvency by a year or more.

How many insolvency notices does Skygem Acquisition Limited have?

Skygem Acquisition Limited has 3 insolvency notices recorded in The London Gazette, the most recent being a Appointment of liquidators (MVL) on 10 July 2026.

What happens next?

Because this is a solvent liquidation, creditors are paid in full. The liquidator advertises for claims, settles them, distributes the surplus to the shareholders and the company is then dissolved. Anyone owed money should still submit their claim to the liquidator named in the notice, and within the period the notice states.

Financial figures are taken from the company's own last accounts filed at Companies House. Small and micro-entity accounts are unaudited, and for a company entering an insolvency process the most recent filing frequently predates that process by a year or more. Figures are indicative and are not a valuation. Contains public sector information licensed under the Open Government Licence v3.0. © Crown copyright.